agreement

Egypt, Israel sign MoU to increase gas supples for re-exporting

Fri, 26 Nov 2021 - 10:40 GMT

As per the new MoU, both sides would use an existing pipeline to transport hydrogen in the future.

Egypt, China sign new economic, technical cooperation agreement to enhance joint cooperation efforts

Mon, 08 Nov 2021 - 03:15 GMT

This comes within the framework of the constant development of the joint economic relations between Egypt and China, as well as the strategic development cooperation relations

Egypt signs 99 oil agreements with $17B investments in 7 years

Tue, 19 Oct 2021 - 12:36 GMT

Molla added during the Egyptian Petroleum Association seminar that 384 wells were drilled, and more than 85 percent of the foreign partners' accrued dues from 2011 to June 2013 were paid.

Speed Medical signs LE 1.57B financing contract with GEM investment fund

Wed, 01 Sep 2021 - 03:14 GMT

The company ​​said in a statement to the Egyptian Stock Exchange, Wednesday, that the fund manages $ 3.4 billion, is headquartered in Luxembourg, and has offices in France, New York and the Bahamas.

Kuwait Hotels Co's subsidiary signs hotel management deal in Egypt's Sharm El-Sheikh

Tue, 23 Mar 2021 - 01:00 GMT

The contract is for a 10 year-period, and the total expected revenue for the contract period is 2.5 million dinars ($ 8.3 million).

Egypt's Damietta Liquefaction Plant Agreement enters into force

Wed, 10 Mar 2021 - 12:02 GMT

The agreement signed in December 2020 includes resuming production at Damietta's natural gas liquefaction plant, and increasing EGAS' capacity to liquefy the plant.

Shell Egypt contracts $926M SPA for their upstream assets in Western Desert

Tue, 09 Mar 2021 - 02:06 GMT

The SPA worth $646 million with additional payments of up to $280 million between 2021 and 2024, contingent on the oil price and the results of further exploration.

Agreement inked to establish integrated complex for fish farming

Wed, 24 Feb 2021 - 12:41 GMT

Rabie said that the agreement is a basic step to start the measures to establish the anticipated partnership between both sides after ending the economic fiscal studies and all the studies necessary for the project.

Egypt signs €200M support loan agreement with JICA

Mon, 15 Feb 2021 - 03:00 GMT

The agreement was signed by Chief Representative of JICA’s Egypt Office Omura Yoshifumi, and Vice Minister of Finance for Fiscal Policies and Institutional Reform Ahmed Kojak on behalf of the Minister of Finance, Mohamed Maait.

Egypt signs agreement with EBRD regarding 10th of Ramadan port project

Wed, 10 Feb 2021 - 03:53 GMT

The agreement stipulates the allocation of a grant in the amount of €1 million to provide advisory services for launching a project for the construction of the dry port and logistical center in the tenth of Ramadan city

IFC inks deal to close gender gap in private sector

Wed, 16 Dec 2020 - 02:02 GMT

The deal is part of greater efforts aimed to help Egyptian private companies to deal with the negative impacts of the COVID-19 pandemic, giving attention to creating equal opportunities for women at work.

UK biggest overseas investor in Egypt, bilateral trade agreement to be finalized before Dec.31: Trade envoy to Egypt

Thu, 12 Nov 2020 - 01:14 GMT

Donaldson clarified that his country’s current investments in Egypt recorded $5.5 billion, noting that Egypt Is one of the strongest elements in terms of UK’s trade expansion.

Declaration of Principles on Renaissance Dam is 'exclusive agreement' binding Egypt, Ethiopia, Sudan together: intl. law expert

Tue, 23 Jun 2020 - 08:50 GMT

Each state must respect the sanctity of international treaties affirmed in Vienna Convention on the Law of Treaties signed in 1969, the professor of general international law stipulates.

House approves TFSCB grant to upgrade statistical work

Sun, 21 Jun 2020 - 12:13 GMT

The TFSCB will support efforts by Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) to outline a national strategy to achieve that.

Egypt’s parliament approves $50M-agreement loan from EBRD

Tue, 16 Jun 2020 - 02:11 GMT

The financing comes for the completion of the project of improving the performance of the oil and gas sector in Egypt.

Egypt signs €151M agreement with AFD to support energy sector

Tue, 16 Jun 2020 - 11:55 GMT

This agreement aims to secure immediate funding from multilateral and bilateral development partners for budgetary support and assistance in mitigating the impact of the pandemic.

German Reconstruction Bank offers ‎€41.5M to develop technical education in Egypt

Mon, 15 Jun 2020 - 07:08 GMT

The agreement includes the establishment of centers of competence specializing in the fields of renewable energy and energy efficiency in applied technology schools in Hurghada and Aswan.

Egypt signs €50M agreement with AFD to renovate Cairo Metro Line 1

Sun, 14 Jun 2020 - 03:33 GMT

The Minister revealed that the purpose of the project is to renovate and modernize the Cairo Metro Line 44km from North to South across the heart of Cairo and connecting with both Line 2 and Line 3.

Orascom Development signs agreement with NIS to develop schools in O West

Thu, 04 Jun 2020 - 10:02 GMT

This agreement comes within the company’s land monetization strategy which secures a total of c. LE 535 million of cash inflows from these agreements to date.

Telecom Egypt, Etisalat Misr sign 2 new agreements

Mon, 01 Jun 2020 - 11:50 GMT

The first agreement entails a development of Telecom Egypt transmission and infrastructure services' commercial model with Etisalat Misr.

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